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Gold hits record high $1,174

Gold hits record high $1,174

Sydney Morning Herald
November 24, 2009

Gold prices soared to a record 1,174 US dollars an ounce here on Monday as a sliding US currency and worries about a possible spike to inflation increased demand for the ‘safe-haven’ metal.

Gold hit exactly 1,174 US dollars an ounce in late trading on the London Bullion Market.

Royal Mint’s Gold Coin Production More Than Quadruples

 

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